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business-standard.com June 21, 2024

Venture Capital Firm Peak Xv Partners Most Active Investor In India: Hurun | Investment

Venture Capital firm Peak XV is the most active investor in Indian startups with investment in 47 entities, according to ASK Private Wealth Hurun India Future Unicorn Index 2024. According to the index report, Peak XV is followed by Accel which has invested in 25 companies that are poised to become the next generation of unicorns.
Read by 62% of LPs

financemagnates.com 14minutes ago

Sosovalue Raises $4.15M Seed Funding For Its Crypto Research Platform

AI-driven investment research platform SoSoValue has raised $4.15 million in a successful seed fund round. Venture capital firm HongShan led the seed round, with several global early-stage investment entities such as GSR Markets, Alumni Ventures, CoinSummer Labs, OnePiece Labs, Gitcoin Co-founder, Ethereum early investor, and founders of top Web3 and AI tech firms playing significant roles.SoSoValue has received a vital capital injection for its research platform.
Read by 31% of LPs

mondovisione.com June 21, 2024

Uk Startups Raise $6.8B In Vc Funding During January-may 2024, Finds Globaldata

The UK startups witnessed the announcement of a total of 497 venture capital (VC) deals during the first five months of 2024, while the disclosed funding value of these deals stood at $6.8 billion. This represents a 1.6% year-on-year (YoY) growth in VC funding value during January-May 2024, despite the deal volume registering a YoY decline of 17.3%, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that a total of 601 VC deals were announced during January-May 2023, whereas the disclosed funding value of these deals stood at $6.7 billion.
Read by 43% of LPs

livemint.com June 21, 2024

Insurancedekho Appoints Avendus To Help Raise Around $150 Mn | Company Business News

InsuranceDekho has started receiving initial commitments and may see a much higher valuation than the previous round. : Bengaluru: Insurtech startup InsuranceDekho is in early-stage discussions to raise $100-150 million through a mix of primary and secondary transactions. The company has appointed investment bank Avendus Capital to facilitate this process, two people familiar with the matter told Mint.
Read by 38% of LPs

businesstoday.in June 21, 2024

Zepto Hits $3.6 Billion Valuation With $665M Fundraise, Readies For Ipo

Founded in 2021, Zepto raised $235 million in August 2023, achieving unicorn status with a valuation of $1.4 billion, and has now secured another significant funding round.
Read by 50% of LPs

alleywatch.com June 20, 2024

The Alleywatch Startup Daily Funding Report: 6/20/2024 – Alleywatch

A busy day with 6 deals and over $110M in new funding. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/20/2024 featuring funding details for Pomelo Care, Materia, and much more.
Read by 36% of LPs

skift.com June 20, 2024

Travel Venture Capital Hit A Decade Low – Where The Growth Is

Travel venture capital hit a decade low of $2.9 billion in 2023, but early 2024 signals a rebound with increased investments from Asia and the Middle East and a focus on experiences and AI. -Pranavi Agarwal.
Read by 72% of LPs

businessinsider.com June 20, 2024

Oakley Founder Breaks Record With $210M Malibu Sale

Jannard onstage at an Oakley sunglasses demonstration in 2004.Lee Celano/Getty ImagesSunglasses mogul James Jannard broke a California record with the sale of his $210 Malibu home.It's the most expensive home ever sold in California.Last year, Jay-Z and Beyoncé had set a record after selling their $200 million Malibu compound.Oakley sunglasses founder James Jannard just dethroned Jay-Z and Beyoncé — at least in the world of real estate.Jannard sold his Malibu mansion for $210 million, first reported by the Los Angeles Times.
Read by 39% of LPs

alleywatch.com June 20, 2024

Hypr Adds $30M To Make Passwordless Authentication The Standard In Identity Verfication – Alleywatch

Passwordless authentication enhances security by eliminating the vulnerabilities associated with traditional passwords, such as phishing and credential stuffing, while also improving user experience through faster and more convenient logins. The market for passwordless authentication is rapidly growing, with a projected compound annual growth rate (CAGR) of 18.2% from 2022 to 2030, driven by the increasing need for secure and user-friendly authentication solutions, especially in an era where AI-generated attacks are becoming commonplace. HYPR is an identity assurance platform that enables seamless and user-friendly passwordless authentication.
Read by 48% of LPs

fortune.com June 20, 2024

Openai's Ilya Sutskever Launching Own Startup For Safe Ai

A star in the field, Sutskever left his former employer in May hinting he wasn't leaving AI research. His departure came almost six months to the day since he joined board directors in sacking Altman.
Read by 32% of LPs